Rail Industry News
Metra projects $17 million deficit due to falling ridership
(The following story by Mary Wisniewski appeared on the Chicago Sun-Times website on August 13, 2010.) CHICAGO — Metra is projecting a $17 million revenue deficit for the year, because of falling ridership. Ridership was down almost 4 percent between June 2009 and...
Pa.’s latest 12-year plan drastically cuts transportation dollars
(The following appeared on the Progressive Railroading website on August 13, 2010.) Pennsylvania’s Transportation Commission recently approved an updated 12-year transportation program that calls for an expected 24 percent reduction in state funding for transit,...
Patriot Rail to serve North Carolina DOT’s P&N corridor
(The following appeared on the Progressive Railroading website on August 13, 2010.) Yesterday, Patriot Rail Corp. announced it executed an agreement with the North Carolina Department of Transportation (NCDOT) to provide rail service on the 13-mile Piedmont & Northern...
Old Irish bones may yield murderous secrets in Pa.
(The Associated Press circulated the following on August 16, 2010.) MALVERN, Pa. — Young and strapping, the 57 Irish immigrants began grueling work in the summer of 1832 on the Philadelphia and Columbia railroad. Within weeks, all were dead of cholera. Or were they...
KCS declares dividend on 4% non-cumulative preferred stock
(Kansas City Southern issued the following on August 13, 2010.) KANSAS CITY, Mo. — Kansas City Southern’s (KCS) (NYSE:KSU) Board of Directors on August 13, 2010 declared a dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock. The...
Amtrak ridership up in Illinois, nationwide
(The following story by Tom Kacich appeared on the News-Gazette website on August 15, 2010.) CHICAGO — Ridership on the three Amtrak trains that serve Champaign-Urbana is up 3 percent over the last 10 months, although it is up 11 percent on the corridor through...
New Jersey seeks $885 million for Northeast Corridor improvements
(Bloomberg News circulated the following story by Stacie Servetah on August 13, 2010.) WASHINGTON, D.C. — New Jersey, the most densely populated U.S. state, is seeking $885 million of federal funds for improvements on the Northeast Corridor train line between Trenton...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, August 13 — The U.S. Railroad Retirement Board will hold free informational conferences throughout 2010 for elected officers of all railroad labor unions. The following is a list of informational conferences that have been scheduled thus far for 2010....
RRB: Summary of annual financial report to Congress
(The U.S. Railroad Retirement Board issued the following on August 3, 2010.) CHICAGO — The Railroad Retirement Board (RRB) is required by law to submit annual reports to Congress on the financial condition of the railroad retirement system and the railroad...
Credit for military service under the Railroad Retirement Act
(The U.S. Railroad Retirement Board issued the following on July 23, 2010.) CHICAGO — Many railroad employees have at some time served in the Armed Forces of the United States. Under certain conditions, their military service may be credited as rail service under the...
Downed power lines leave Northeast Corridor passengers stuck at train stations
(The following story by Erin Duffy appeared on the Times of Trenton website on August 12, 2010.) TRENTON, N.J. — Passengers along the Northeast Corridor rail line faced long delays for the second time in recent weeks yesterday after a downed tree knocked out power and...
BNSF train stops just in the nick of time
(The following story by Paul Walsh appeared on the Star Tribune website on August 13, 2010.) MINNEAPOLIS, Minn. — A pickup truck went out of control at a busy Coon Rapids intersection late Thursday morning, narrowly missed an electrical transformer and ended up on...
San Mateo County cities weigh high-speed rail opposition
(The following story by Mike Rosenberg appeared on the San Mateo County Times website on August 11, 2010.) SAN MATEO, Calif. — At least four San Mateo County cities will weigh whether to follow in a Southern California town's footsteps and formally oppose the state's...
San Francisco’s ambitious transit project takes off
(The following appeared on the San Francisco Appeal website on August 11, 2010.) SAN FRANCISCO, Calif. — With the gray cement of San Francisco's old Transbay Transit Terminal as a backdrop, officials today stood before a flashy white placard with an orange "T"...
Calif. bill would air rail bidders’ Holocaust role
(The Associated Press circulated the following on August 12, 2010.) SACRAMENTO, Calif. — Companies hoping for a piece of California's future high-speed rail project would have to disclose whether they transported Holocaust victims or POWs to Nazi camps during World...
Anna Burger exit interview: Praises Obama but calls out timid aides
(The following story by Sam Stein appeared on the Huffington Post website on August 12, 2010.) Freed by her retirement to offer unbidden reflections on the state of foremost figures in the labor community, painted a picture of the Democratic Party that remains...
Calif. gives Santa Cruz County three months to meet terms for rail money
(The following story by Kurtis Alexander appeared on the Santa Cruz Sentinel website on August 12, 2010.) SANTA CRUZ, Calif. — The California Transportation Commission agreed this week to give the county until November to meet the remaining conditions for its...
N. Charleston Mayor to meet with Dept. of Commerce over rail plan
(The following story by Schuyler Kropf appeared on The Post and Courier website on August 12, 2010.) CHARLESTON, S.C. — North Charleston Mayor Keith Summey next week will talk to the Department of Commerce for the first time in months about rail issues in the city --...
Lessons from Japan for U.S. train operator Amtrak
(The following story by Peter Landers appeared on the Wall Street Journal website on August 13, 2010.) WASHINGTON, D.C. — When you’re operating a train, seconds matter. That’s the lesson from Amtrak, the largest U.S. rail operator. As the WSJ reported 17 years ago,...
Railroad shares down at the close of August 12 trading
(The Associated Press circulated the following on August 12, 2010.) NEW YORK — Shares of some top railroads companies were down at the close of trading: CSX fell $.33 or .6 percent, to $50.72. Canadian National fell $.50 or .8 percent, to $60.64. Canadian Pacific fell...
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